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STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWASHINGTON, D.C. 20549\n\n______________________________________\n\nFORM 10-Q\n\n______________________________________\n\n(Mark One)\n\n☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the quarterly period ended April 30, 2026\n\nor\n\n☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the transition period from                 to                \n\nCommission File Number: 001-38465\n\n______________________________________\n\nDOCUSIGN, INC.\n\n(Exact name of registrant as specified in its charter)\n\n______________________________________\n\nDelaware91-2183967\n\n(State or Other Jurisdiction of Incorporation)(I.R.S. Employer Identification Number)\n\n221 Main St.\nSuite 800\nSan FranciscoCalifornia94105\n\n(Address of Principal Executive Offices) (Zip Code)\n\n(415) 489-4940\n\n(Registrant’s Telephone Number, Including Area Code)\n\nSecurities registered pursuant to Section 12(b) of the Act:\n\nTitle of each classTrading SymbolName of each exchange on which registered\n\nCommon Stock, par value $0.0001 per shareDOCUThe Nasdaq Global Select Market\n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒    No ☐\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒    No ☐\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n☒Large accelerated filer☐Accelerated filer\n\n☐Non-accelerated filer☐Smaller reporting company\n\n☐Emerging growth company\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes ☐    No ☒\n\nThe registrant has 190,944,608 shares of common stock, par value $0.0001, outstanding as of May 29, 2026.\n\nDOCUSIGN, INC.\n\nTABLE OF CONTENTS\n\n[Note Regarding Forward-Looking Statements](#i607fa658c8904fc1ba0fa8296ddb8b37_16)\n\n[PART I - FINANCIAL INFORMATION](#i607fa658c8904fc1ba0fa8296ddb8b37_19)\n\n[Item 1.](#i607fa658c8904fc1ba0fa8296ddb8b37_22)\n\n[Financial Statements (unaudited)](#i607fa658c8904fc1ba0fa8296ddb8b37_22)\n\n[Condensed Consolidated Balance Sheets as of](#i607fa658c8904fc1ba0fa8296ddb8b37_25)April 30, 2026[and](#i607fa658c8904fc1ba0fa8296ddb8b37_25)January 31, 2026\n\n[4](#i607fa658c8904fc1ba0fa8296ddb8b37_25)\n\n[Condensed Consolidated Statements of Operations and Comprehensive Income for the](#i607fa658c8904fc1ba0fa8296ddb8b37_28)Three [Months Ended](#i607fa658c8904fc1ba0fa8296ddb8b37_28)April 30, 2026[and](#i607fa658c8904fc1ba0fa8296ddb8b37_28)2025\n\n[5](#i607fa658c8904fc1ba0fa8296ddb8b37_28)\n\n[Condensed Consolidated Statements of Stockholders' Equity for the](#i607fa658c8904fc1ba0fa8296ddb8b37_31)Three [Months Ended](#i607fa658c8904fc1ba0fa8296ddb8b37_31)April 30, 2026[and](#i607fa658c8904fc1ba0fa8296ddb8b37_31)2025\n\n[6](#i607fa658c8904fc1ba0fa8296ddb8b37_31)\n\n[Condensed Consolidated Statements of Cash Flows for the](#i607fa658c8904fc1ba0fa8296ddb8b37_37)Three Months EndedApril 30, 2026[and](#i607fa658c8904fc1ba0fa8296ddb8b37_37)2025\n\n[7](#i607fa658c8904fc1ba0fa8296ddb8b37_37)\n\n[Notes to Condensed Consolidated Financial Statements](#i607fa658c8904fc1ba0fa8296ddb8b37_40)\n\n[9](#i607fa658c8904fc1ba0fa8296ddb8b37_40)\n\n[Item 2.](#i607fa658c8904fc1ba0fa8296ddb8b37_79)\n\n[Management's Discussion and Analysis of Financial Condition and Results of Operations](#i607fa658c8904fc1ba0fa8296ddb8b37_79)\n\n[21](#i607fa658c8904fc1ba0fa8296ddb8b37_79)\n\n[Item 3.](#i607fa658c8904fc1ba0fa8296ddb8b37_100)\n\n[Quantitative and Qualitative Disclosures About Market Risk](#i607fa658c8904fc1ba0fa8296ddb8b37_100)\n\n[33](#i607fa658c8904fc1ba0fa8296ddb8b37_100)\n\n[Item 4.](#i607fa658c8904fc1ba0fa8296ddb8b37_103)\n\n[Controls and Procedures](#i607fa658c8904fc1ba0fa8296ddb8b37_103)\n\n[34](#i607fa658c8904fc1ba0fa8296ddb8b37_103)\n\n[PART II - OTHER INFORMATION](#i607fa658c8904fc1ba0fa8296ddb8b37_106)\n\n[Item 1.](#i607fa658c8904fc1ba0fa8296ddb8b37_109)\n\n[Legal Proceedings](#i607fa658c8904fc1ba0fa8296ddb8b37_109)\n\n[35](#i607fa658c8904fc1ba0fa8296ddb8b37_109)\n\n[Item 1A.](#i607fa658c8904fc1ba0fa8296ddb8b37_112)\n\n[Risk Factors](#i607fa658c8904fc1ba0fa8296ddb8b37_112)\n\n[35](#i607fa658c8904fc1ba0fa8296ddb8b37_112)\n\n[Item 2](#i607fa658c8904fc1ba0fa8296ddb8b37_115).\n\n[Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities](#i607fa658c8904fc1ba0fa8296ddb8b37_115)\n\n[60](#i607fa658c8904fc1ba0fa8296ddb8b37_115)\n\n[Item 5.](#i607fa658c8904fc1ba0fa8296ddb8b37_118)\n\n[Other Information](#i607fa658c8904fc1ba0fa8296ddb8b37_118)\n\n[61](#i607fa658c8904fc1ba0fa8296ddb8b37_118)\n\n[Item 6.](#i607fa658c8904fc1ba0fa8296ddb8b37_118)\n\n[Exhibits](#i607fa658c8904fc1ba0fa8296ddb8b37_118)\n\n[61](#i607fa658c8904fc1ba0fa8296ddb8b37_118)\n\n[Exhibit Index](#i607fa658c8904fc1ba0fa8296ddb8b37_124)\n\n[62](#i607fa658c8904fc1ba0fa8296ddb8b37_124)\n\n[Signatures](#i607fa658c8904fc1ba0fa8296ddb8b37_127)\n\n[63](#i607fa658c8904fc1ba0fa8296ddb8b37_127)\n\nDocusign, Inc. | 2027 Form 10-Q | 2\n\nNOTE REGARDING FORWARD-LOOKING STATEMENTS\n\nThis Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risk and uncertainties. All statements contained in this Quarterly Report on Form 10-Q other than statements of historical fact, including statements regarding our future operating results and financial position, our business strategy and plans, market growth and trends, our product strategy and anticipated future products and capabilities, our objectives for future operations, and the impact of such assumptions on our financial condition and results of operations are forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions.\n\nForward-looking statements contained in this Quarterly Report on Form 10-Q include, but are not limited to, statements about: our expectations regarding global macro-economic conditions, including the effects of inflation, volatile interest rates or foreign exchange rates, and market volatility on the global economy; our inability to accurately estimate our market opportunity; our ability to compete effectively in an evolving and competitive market; the impact of any interruptions or delays in performance of our technical infrastructure, or data breaches, cyberattacks or other fraudulent or malicious activity attempting to exploit our technology systems, platform or brand name; our ability to effectively sustain and manage our growth and future expenses and maintain or increase profitability; our ability to attract new customers and retain and expand our existing customer base, including our ability to attract large organizations as users; our ability to scale and update our platform to respond to customers’ needs and rapid technological change, including our ability to successfully incorporate artificial intelligence (“AI”) into our existing and future products and to successfully deploy them; our ability to successfully develop, launch, and sell Intelligent Agreement Management (“IAM”) solutions; our ability to expand use cases within existing customers and vertical solutions; our ability to expand our operations and increase adoption of our platform internationally; our ability to strengthen and foster our relationships with developers; our ability to retain our direct sales force, customer success team and strategic partnerships around the world; our ability to identify targets for and execute potential acquisitions and to successfully integrate and realize the anticipated benefits of such acquisitions; our ability to maintain, protect and enhance our brand; the sufficiency of our cash, cash equivalents and capital resources to satisfy our liquidity needs; limitations on us due to obligations we have under our credit facility; our ability to realize the anticipated benefits of our stock repurchase program; our failure or the failure of our software to comply with applicable industry standards, laws and regulations; our ability to maintain, protect and enhance our intellectual property; our ability to successfully defend litigation against us; our ability to maintain our corporate culture; our ability to offer high-quality customer support; our ability to hire, retain and motivate qualified personnel, including executive level management; our ability to successfully manage and integrate executive management transitions; uncertainties regarding the impact of general economic and market conditions, including as a result of geopolitical conflict or changes in trade policies and practices; and our ability to maintain proper and effective internal controls.\n\nYou should not rely upon forward-looking statements as predictions of future events. We have based the forward-looking statements contained in this Quarterly Report on Form 10-Q primarily on our current expectations and projections about future events and trends that we believe may affect our business, financial condition, results of operations, and prospects. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties, and other factors described in the section titled “Risk Factors” and elsewhere in this Quarterly Report on Form 10-Q. Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time. It is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this Quarterly Report on Form 10-Q. We cannot assure you that the results, events, and circumstances reflected in the forward-looking statements will be achieved or occur, and actual results, events, or circumstances could differ materially from those described in the forward-looking statements. The forward-looking statements made in this Quarterly Report on Form 10-Q relate only to events as of the date on which such statements are made. We undertake no obligation to update any forward-looking statements after the date of this Quarterly Report on Form 10-Q or to conform such statements to actual results or revised expectations, except as required by law.\n\nDocusign, Inc. | 2027 Form 10-Q | 3\n\nPART I - FINANCIAL INFORMATION"}